Sam Dogen, The Financial Samurai, shares why the concept of Coast FIRE is irrational and delusional.
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CHAPTERS
00:00 Intro Sam Dogen, The Financial Samurai
01:30 Why is Coast FIRE irrational?
03:31 Coast FIRE Status Changes
04:53 Try Playbook
06:22 Lifestyle changes
08:10 Realistic growth rate
10:10 Opinion on Dave Ramsey's growth rate
10:55 Social Security in projections
12:35 Evolution of FIRE
15:30 Work Identity
17:28 Generational Wealth Plan
19:44 Generational Wealth and Decrease in Drive
22:45 Steps to Traditional FIRE
#sponsored #CoastFIRE #FIREMovement #familyfinance #personalfinance
GUEST BIO Sam Dogen
Sam Dogen, also known as the Financial Samurai, is a personal finance expert who founded FinancialSamurai.com in 2009. With a background in finance, including an MBA from UC Berkeley and over 13 years of experience working in investment banking, Sam provides practical advice on achieving financial independence and managing wealth. He retired from the corporate world at the age of 34 to focus on his blog and pursue a lifestyle of financial freedom. Sam's insights cover various aspects of personal finance, from investing to retirement planning.
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